$RAVE

PIZZA INN HOLDINGS, INC /MO/

CIK:0000718332|SEC Filings

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 28, 2026	Jun. 29, 2025	Jun. 30, 2024
CONSOLIDATED STATEMENTS OF INCOME [Abstract]
REVENUES	$ 12,910	$ 12,039	$ 12,150
COSTS AND EXPENSES
General and administrative expenses	5,898	5,234	5,277
Franchise expenses	3,364	3,397	3,656
Provision (recovery) for credit losses	7	(21)	69
Depreciation and amortization expense	167	182	219
Total costs and expenses	9,436	8,792	9,221
OPERATING INCOME	3,474	3,247	2,929
Interest income	391	354	153
Other income	19	19	10
INCOME BEFORE TAXES	3,884	3,620	3,092
Income tax expense	1,006	918	619
NET INCOME	$ 2,878	$ 2,702	$ 2,473
INCOME PER SHARE OF COMMON STOCK
Basic (in Dollars per share)	$ 0.2	$ 0.19	$ 0.17
Diluted (in Dollars per share)	$ 0.2	$ 0.19	$ 0.17
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic (in Shares)	14,212	14,499	14,446
Diluted (in Shares)	14,304	14,561	14,630

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2026	Jun. 29, 2025	Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 2,878	$ 2,702	$ 2,473
Adjustments to reconcile net income to cash provided by operating activities:
Amortization of discount on short-term investment	(219)	(115)	(50)
Stock-based compensation expense	298	136	149
Depreciation and amortization	85	101	135
Amortization of operating lease right-of-use assets	313	352	410
Amortization of definite-lived intangible assets	82	81	84
Non-cash lease expense	10	24	46
Provision (recovery) for credit losses	7	(21)	69
Deferred income tax	892	761	586
Changes in operating assets and liabilities:
Accounts receivable	(282)	261	(335)
Notes receivable	42	27	(14)
Deferred contract charges	(68)	16	30
Prepaid expenses and other current assets	(278)	(168)	37
Accounts payable - trade	(4)	(152)	(143)
Accrued expenses	78	(60)	25
Operating lease liabilities	(382)	(429)	(511)
Deferred revenues	100	(121)	(146)
Cash provided by operating activities	3,552	3,395	2,845
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of short-term investments	(14,464)	(14,117)	(10,115)
Maturities of short-term investments	9,220	12,153	5,220
Purchase of assets held for sale	(4)	(19)	0
Proceeds from sale of assets held for sale	9	14	3
Purchase of definite-lived intangible assets	0	(11)	(8)
Purchase of property and equipment	(49)	(56)	(76)
Cash used in investing activities	(5,288)	(2,036)	(4,976)
CASH FLOWS FROM FINANCING ACTIVITIES:
Purchase of treasury stock	0	(1,204)	0
Taxes paid on issuance of restricted stock units	0	(182)	(311)
Cash used in financing activities	0	(1,386)	(311)
Net decrease in cash and cash equivalents	(1,736)	(27)	(2,442)
Cash and cash equivalents, beginning of period	2,859	2,886	5,328
Cash and cash equivalents, end of period	1,123	2,859	2,886
CASH PAID FOR:
Franchise and state income taxes, net of refunds	117	122	5
Federal income taxes, net of refunds	$ 0	$ 0	$ 0

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 28, 2026	Jun. 29, 2025
CURRENT ASSETS
Cash and cash equivalents	$ 1,123	$ 2,859
Short-term investments	12,487	7,024
Accounts receivable, less allowance for credit losses of $30 and $31, respectively	1,446	1,171
Notes receivable, current	37	45
Assets held for sale	33	38
Deferred contract charges, current	24	21
Prepaid expenses and other current assets	613	335
Total current assets	15,763	11,493
LONG-TERM ASSETS
Property and equipment, net	101	137
Operating lease right-of-use assets, net	177	489
Intangible assets definite-lived, net	100	182
Notes receivable, net of current portion	41	75
Deferred tax asset, net	3,103	3,995
Deferred contract charges, net of current portion	251	186
Total assets	19,536	16,557
CURRENT LIABILITIES
Accounts payable - trade	203	207
Accrued expenses	933	855
Operating lease liabilities, current	193	370
Deferred revenues, current	364	308
Total current liabilities	1,693	1,740
LONG-TERM LIABILITIES
Operating lease liabilities, net of current portion	12	206
Deferred revenues, net of current portion	501	457
Total liabilities	2,206	2,403
COMMITMENTS AND CONTINGENCIES (SEE NOTE H)
SHAREHOLDERS' EQUITY
Common stock, $0.01 par value; authorized 26,000,000 shares; issued 25,647,171 and 25,647,171 shares, respectively; outstanding 14,211,566 and 14,211,566 shares, respectively	256	256
Additional paid-in capital	37,814	37,516
Retained earnings	10,492	7,614
Treasury stock, at cost Shares in treasury: 11,435,605 and 11,435,605 respectively	(31,232)	(31,232)
Total shareholders’ equity	17,330	14,154
Total liabilities and shareholders’ equity	$ 19,536	$ 16,557